Massimo to Launch New Automated Vehicle Assembly Robot Line at Texas Factory [Yahoo! Finance]
Massimo Group (MAMO)
Company Research
Source: Yahoo! Finance
GARLAND, Texas July 17, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the adoption of a new automated vehicle assembly robot line. The robot line is expected to be installed in the coming weeks at its 376,000 square foot factory in Garland, Texas to support production of its ATV and UTV vehicles lines. The purpose-built production line integrates an automated flexible conveyance system utilizing Automated Guided Robots ("AGRs" ) that move vehicles along the assembly line, guided through the facility along pre-determined pathways. The AGRs replace the traditional fixed workstations for work-in-process movement during manufacturing operations. Each Robot can be individually controlled, enabling de-coupling from the assembly line when needed, such as smoothing station-to-station timing imbalances. Massimo expects the new process will increase assembly efficiency by 50% by minimiz
Show less
Read more
Impact Snapshot
Event Time:
MAMO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MAMO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MAMO alerts
High impacting Massimo Group news events
Weekly update
A roundup of the hottest topics
MAMO
News
- Massimo Releases Feature-Rich T-Boss 1000 UTVPR Newswire
- Massimo Showcases Newly Introduced GKD 350 All-Terrain Go Kart at Mid-States Fall Rendezvous 2024PR Newswire
- How To Take Your Time Management To The Next Level [Forbes]Forbes
- Massimo Group reports Q2 results [Seeking Alpha]Seeking Alpha
- Massimo Group Reports Second Quarter 2024 Financial ResultsPR Newswire
MAMO
Sec Filings
- 8/12/24 - Form 10-Q
- 8/12/24 - Form 8-K
- MAMO's page on the SEC website